Bitcoin Analyst Sees $175K as Midpoint Before $400K Peak
The post Bitcoin Analyst Sees $175K as Midpoint Before $400K Peak appeared on BitcoinEthereumNews.com.
EGRAG Crypto projects Bitcoin’s next breakout to $175K, mid-channel targets near $250K and an upper cycle peak around $400K. He links Bitcoin’s setup to gold’s record $4K rally as both benefit from global liquidity and fiat debasement. On-chain data shows 95% of BTC supply in profit, suggesting a “euphoria phase” that could precede short-term volatility before another leg higher. Prominent market analyst EGRAG Crypto shared a massively bullish forecast for Bitcoin, suggesting that $175,000 could merely be a “blip” before a much larger move toward a potential $400,000 cycle peak. His analysis, based on Bitcoin’s historical 3-month channel formations, outlines how each prior bull market has followed a similar pattern, steady accumulation within a rising channel, followed by a powerful breakout toward new highs. Related: Bitcoin Eyes $250K as Arthur Hayes Links Rally to Trump Fed Takeover #BTC – $175K Is Just a Blip: If we look at the historical behavior of #BTC on a 3-month time frame, we can see a clear channel formation. In the past three cycles, we’ve consistently seen a breakout at the end of these channels. While diminishing returns are evident, they are… pic.twitter.com/TabFoVlXBT — EGRAG CRYPTO (@egragcrypto) October 8, 2025 EGRAG Crypto’s Channel-Based Outlook Currently trading near $121,000, Bitcoin recently pulled back from its all-time high of $126,000. EGRAG’s model maps a rising channel where prior cycles built steady accumulation before explosive breakouts. In his current setup, the lower band points to $175K, the mid-channel target sits near $250K, and the upper limit could stretch toward $400K. He argues that shrinking percentage returns each cycle are not weakness but maturation, a reflection of deeper liquidity and more sustainable market behavior rather than speculative excess. $175K Prediction as Gold Hits ATH The chart shared by EGRAG highlights that even a modest rally within the channel…
